India is the third largest APAC market growing at 12% YOY: Global Business Travel Association

September 14, 2018

Discussing best practices across the business travel lifecycle, Global Business Travel Association (GBTA) Conference 2018 was hosted at Hotel Pullman New Delhi Aerocity on September 14. Gaurav Sundaram, Regional Director, GBTA India said, “Compared to 2017, in 2018, India is together the seventh largest global market with $38 billion. It is the third largest APAC market with 12 per cent YOY. This is the best time for business professionals. However, these are also times of VUCA, that is, volatility, uncertainty, change and ambiguity. There is a huge disruption potential and inertia by travel business.”
The event includes a CXO round-table on creating scalable global travel programmes as well as education sessions on the impact of payment solutions on business travel and duty of care within Indian companies. The forum will feature a trade show highlighting the best-class solution providers within the business travel industry.
“With India expected to become the sixth largest business market in the world by the end of 2019, GBTA felt it was crucial to host a series of conferences within this region,” said Sundaram. “Each conference will be unique in its offerings of education sessions, speakers and content and will ultimately help educate the market on global best practices.”